HSN Code 73141200: Stainless steel machinery bands
HSN Code 73141200 represents Stainless steel machinery bands under GST classification. This code helps businesses identify Stainless steel machinery bands correctly for billing, taxation, and trade. With HSN Code 73141200, companies can avoid errors in invoices, simplify compliance, and enable hassle-free import or export of Stainless steel machinery bands.
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Description of Goods for HSN Code 73141200
HSN Code 73141200 relates to the following description.
What does HSN Code 73141200 not include?
Stainless steel machinery bands does not include products with the following descriptions.
Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel - woven cloth : other endless bands for machinery
Woven cloth : Other woven cloth, of stainless steel : Wire gauze (wire cloth, wire mesh)
Woven cloth : Other woven cloth, of stainless steel : Other
Woven cloth : Other : Wire gauze (wire cloth, wire mesh)
Woven cloth : Other : Other
Grill, netting and fencing, welded at the intersection, of wire with a maximum cross-sectional dimension of 3 mm or more and having a mesh size of 100 cm2 or more : Wire netting
Grill, netting and fencing, welded at the intersection, of wire with a maximum cross-sectional dimension of 3 mm or more and having a mesh size of 100 cm2 or more : Other
Other grill, netting and fencing, welded at the intersection : Plated or coated with zinc
Other grill, netting and fencing, welded at the intersection : Other
Other cloth, grill, netting and fencing : Plated or coated with zinc : Wire netting
Other cloth, grill, netting and fencing : Plated or coated with zinc : Other
Other cloth, grill, netting and fencing : Coated with plastics : Wire netting
Other cloth, grill, netting and fencing : Coated with plastics : Other
Other cloth, grill, netting and fencing : Other : Wire netting
Other cloth, grill, netting and fencing : Other : Other
Expanded metal
Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel - woven cloth : other endless bands for machinery
Woven cloth : Other woven cloth, of stainless steel : Wire gauze (wire cloth, wire mesh)
Woven cloth : Other woven cloth, of stainless steel : Other
Woven cloth : Other : Wire gauze (wire cloth, wire mesh)
Woven cloth : Other : Other
Grill, netting and fencing, welded at the intersection, of wire with a maximum cross-sectional dimension of 3 mm or more and having a mesh size of 100 cm2 or more : Wire netting
Grill, netting and fencing, welded at the intersection, of wire with a maximum cross-sectional dimension of 3 mm or more and having a mesh size of 100 cm2 or more : Other
Other grill, netting and fencing, welded at the intersection : Plated or coated with zinc
Other grill, netting and fencing, welded at the intersection : Other
Other cloth, grill, netting and fencing : Plated or coated with zinc : Wire netting
Other cloth, grill, netting and fencing : Plated or coated with zinc : Other
Other cloth, grill, netting and fencing : Coated with plastics : Wire netting
Other cloth, grill, netting and fencing : Coated with plastics : Other
Other cloth, grill, netting and fencing : Other : Wire netting
Other cloth, grill, netting and fencing : Other : Other
Expanded metal
India’s Trade Performance — HSN Code 73141200 in FY 2024-25
India’s Exports
FY 2024-25₹17 Cr
0.0005% of India’s total exports
India’s Imports
FY 2024-25₹4 Cr
0.0001% of India’s total imports
Trade Balance
FY 2024-25₹13 Cr
Surplus rank #3172 of 12657 HSN codes
% of Sub-Chapter 7314
FY 2024-256.13%
Share of Sub-Chapter 7314’s total exports in FY 2024-25
Import side: 1.00% of Sub-Chapter 7314’s imports
Rank Within Sub-Chapter 7314
FY 2024-25#4 of 17
Position by export value among HSN codes in Sub-Chapter 7314
Import-side rank: #14 of 17
At a glance
13.55%
Export CAGR
FY 2018-19 → FY 2024-25 · 7 fiscal years
#5096
National Export Rank
of 12657 HSN codes by export value, FY 2024-25
+29.67%
Peak Growth Year
FY 2024-25 · strongest single-year move
6.13%
Contribution to Sub-Ch. 7314
Share of Sub-Chapter 7314 exports in FY 2024-25
India Export-Import Trade Statistics for HSN Code 73141200
7-year export and import data, FY 2018-19 to FY 2024-25, in ₹ Crore. Source: Ministry of Commerce & Industry, TradeStat EIDB.
Balance
+1.74
Exports
7.93 ₹ Cr
0.0003% share
— YoY
6.31% of Sub-Ch. 7314
Imports
6.19 ₹ Cr
0.0002% share
— YoY
1.78% of Sub-Ch. 7314
Balance
−1.09
Exports
8.52 ₹ Cr
0.0004% share
+7.44% YoY
5.30% of Sub-Ch. 7314
Imports
9.61 ₹ Cr
0.0003% share
+55.25% YoY
2.93% of Sub-Ch. 7314
Balance
+3.84
Exports
9.52 ₹ Cr
0.0004% share
+11.74% YoY
4.97% of Sub-Ch. 7314
Imports
5.68 ₹ Cr
0.0002% share
−40.89% YoY
1.68% of Sub-Ch. 7314
Balance
+5.40
Exports
10.74 ₹ Cr
0.0003% share
+12.82% YoY
4.42% of Sub-Ch. 7314
Imports
5.34 ₹ Cr
0.0001% share
−5.99% YoY
1.74% of Sub-Ch. 7314
Balance
+7.06
Exports
12.54 ₹ Cr
0.0003% share
+16.76% YoY
5.71% of Sub-Ch. 7314
Imports
5.48 ₹ Cr
0.0001% share
+2.62% YoY
1.47% of Sub-Ch. 7314
Balance
+7.68
Exports
13.11 ₹ Cr
0.0004% share
+4.55% YoY
4.50% of Sub-Ch. 7314
Imports
5.43 ₹ Cr
0.0001% share
−0.91% YoY
1.48% of Sub-Ch. 7314
Balance
+12.66
Exports
17.00 ₹ Cr
0.0005% share
+29.67% YoY
6.13% of Sub-Ch. 7314
Imports
4.34 ₹ Cr
0.0001% share
−20.07% YoY
1.00% of Sub-Ch. 7314
CAGR · 7-Year
Exports
13.55% /yr
Imports
−5.75% /yr
reference, FY 2024-25
Export
₹277.24 Cr
Import
₹434.49 Cr
Trade Balance
−157.25
Key Trade Insights: HSN Code 73141200 Export-Import Analysis
Consistent Export Growth: 13.55% CAGR Over 7 Years
India's exports under HSN Code 73141200 have grown at a compound annual rate of 13.55% over 7 fiscal years, rising from ₹7.93 Crore in FY 2018-19 to ₹17.00 Crore in FY 2024-25.
HSN Code 73141200 Ranked #5096 Among All 12657 HSN codes by Export Value
In FY 2024-25, HSN Code 73141200 ranks #5096 out of 12657 HSN codes by total export value. Within Sub-Chapter 7314, it ranks #4 of 17. By trade surplus, it ranks #3172 of 12657.
FY 2024-25 Was the Strongest Growth Year for HSN Code 73141200 Exports
The strongest single-year export movement for HSN Code 73141200 was recorded in FY 2024-25, when exports surged by 29.67% over the prior year.
India Maintains a Trade Surplus of ₹12.66 Crore in HSN Code 73141200 Goods
In FY 2024-25, India's exports of ₹17.00 Cr exceeded imports of ₹4.34 Cr, resulting in a trade surplus of ₹12.66 Crore — ranking #3172 of 12657 by surplus magnitude.
Import Growth of −5.75% CAGR Signals Stable Import Dependency for Stainless steel machinery bands
India's imports under HSN Code 73141200 have grown at −5.75% CAGR, reaching ₹4.34 Crore in FY 2024-25.
HSN Code 73141200 Contributes 6.13% of Sub-Chapter 7314 Exports — Ranked #4
Among the 17 HSN codes under Sub-Chapter 7314, HSN Code 73141200 ranks #4 by export value — accounting for 6.13% of the sub-chapter's total exports in FY 2024-25. On the import side, it holds 1.00% share (rank #14).
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Frequently Asked Questions
Clear answers to common queries about HSN Code 73141200 and GST compliance.
What products are classified under HSN 73141200 ?
It includes Wire gauze, other woven cloth
Any common misclassification issue with Stainless steel machinery bands?
Use the exact HSN and describe the form/grade. For multi‑line invoices, apply the rate per line to avoid wrong tax collection.
How much GST applies to Stainless steel machinery bands?
Under HSN 73141200, Stainless steel machinery bands attracts Varies when sold in taxable form. Describe the exact form on the invoice.
Does packaging or labelling change the GST for Stainless steel machinery bands?
For food/agri items, GST can be 5% when not fresh/chilled and sold as pre‑packaged & labelled; otherwise often Nil. For non‑food items, rates depend on the specific sub‑heading.
How should mixed supplies be billed when Stainless steel machinery bands is sold with other items?
Use separate invoice lines per HSN and apply the correct rate per line (e.g., Varies for Stainless steel machinery bands; Nil for exempt items if applicable).
Do e‑way bill and e‑invoice apply for Stainless steel machinery bands?
e‑Way bill is needed above ₹50,000 consignment value (subject to exemptions). e‑Invoicing is turnover‑based (presently AATO > ₹5 crore) for B2B supplies.